Linde builds large hydrogen and synthesis gas plant in China
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Linde AG /
Linde builds large hydrogen and synthesis gas plant in China
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* Joint on-site project with Chongqing Chemical & Pharmaceutical Holding
Company
* Investment value: around EUR 200 million
* Market position in China further strengthened
Munich, 3 May 2011 - The technology company The Linde Group will build and
operate a large hydrogen and synthesis gas plant in the Chongqing Chemical Park
in Western China in a joint enterprise with Chongqing Chemical & Pharmaceutical
Holding Company (CCPHC). The project has a total investment value of around EUR
200 million. Linde holds 60 percent of the shares in the joint enterprise with
CCPHC.
In future, the new on-site plant will provide the production facilities of BASF
and CCPHC based in Chongqing with carbon monoxide, hydrogen and synthesis gas.
"We look forward to jointly supporting the expansion of the developing chemical
cluster Chongqing with our partner CCPHC," said Sanjiv Lamba, member of the
Executive Board of Linde AG and responsible for the company's business in Asia."
As a result of this project, we will further strengthen our position as the
leading gases and engineering company in the growth market China."
The new plant, which will be supplied by Linde's Engineering Division, is
expected to come on stream in the third quarter of 2014.
The Linde Group is a world-leading gases and engineering company with around
48,700 employees in more than 100 countries worldwide. In the 2010 financial
year, it achieved sales of EUR 12.868 bn. The strategy of The Linde Group is
geared towards sustainable earnings-based growth and focuses on the expansion of
its international business with forward-looking products and services. Linde
acts responsibly towards its shareholders, business partners, employees, society
and the environment - in every one of its business areas, regions and locations
across the globe. Linde is committed to technologies and products that unite the
goals of customer value and sustainable development.
For more information, see The Linde Group online at http://www.linde.com
Further information:
Press Investor Relations
Uwe Wolfinger Dr Dominik Heger
Telephone: +49.89.35757-1320 Telephone: +49.89.35757-1334
Thomas Eisenlohr
Telephone: +49.89.35757-1330
--- End of Message ---
Linde AG
Klosterhofstrasse 1 Munich Germany
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Press Release as PDF:
http://hugin.info/125064/R/1511724/447183.pdf
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Source: Linde AG via Thomson Reuters ONE
[HUG#1511724]
Unternehmensinformation / Kurzprofil:
Datum: 03.05.2011 - 09:31 Uhr
Sprache: Deutsch
News-ID 54169
Anzahl Zeichen: 4066
contact information:
Town:
Munich
Kategorie:
Business News
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